HomeProprietorship to Private Limited Company - Legal Popcorn

IDEA FOR START-UPsConversion of Proprietorship to Private Ltd

As the proprietorship has almost no definition, besides that given to it by one of the many licenses you can take to get one (SSI or GST registration, for example), transferring the business to a private limited company is easy. All you need to do is go ahead and start a private limited company and submit an agreement between the sole proprietor and the private limited company, declaring that all the assets are to be transferred to the latter.
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Highlights

Low set-up cost
There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
Compliances
The main advantage is that in an LLP, there are fewer formalities after the business has been incorporated.
Tax Advantages
The term 'tax benefit' generally refers to any tax law that provides you with an opportunity to reduce your tax bill when you satisfy certain eligibility requirements.
Limited Liability
Businesses often need to borrow money. In a General Partnership, partners are personally liable for all this debt.
Investment
Private limited companies easily accommodate equity funding as there is a clear distinction between shareholders and directors as well as limited liability.
Reduced Compliance
An LLP only requires audited annual returns to be filed if it has a turnover of greater than Rs. 40 lakh or capital contribution of over Rs. 25 lakh.
OUR PROCESS

From your Procedure

STEP 1

Upload the Required Documents & Information to our web portal

STEP 2

Choose Package and Pay online with different payments modes available

STEP 3

On placing an order, your application will be assigned to one of our dedicated professionals.

STEP 4

Our professional team will prepare computation for Proprietorship to Private Limited Company.

STEP 5

We will create your documents and application and file them with ROC on your behalf.

STEP 6

Once your company is incorporated, we shall send you all the documents and DSCs.
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BEFORE SCALABLE

Documents
Required

Minimum Required Documents For Company Registration
Identity Proof
Aadhaar Card, PAN Card of Directors
Address Proof
Electricity/ Water bill, Rent agreement, NOC
Required Documents
Minimum 2 Partners.
At least 1 of the designated partners shall be an Indian Resident.
ADVISOR CONSULTATION

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ASSURED CUSTOMER SATISFACTION
CLIENT DATA CONFIDENTIALITY
NO HIDDEN FEE
SECURE ONLINE PAYMENT